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20121205
20121213
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CNBC 6
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Search Results 0 to 5 of about 6
CNBC
Dec 5, 2012 3:00pm EST
. blame apple and overall technology having a tough day. down 13 points right now on the nasdaq at 2982. the s&p is holding with a gain of about five points. we'll have more on the markets in a moment. first, let's get to what's going on in washington. more republicans breaking ranks to join what we hope will be a bipartisan call for higher tax rates and entitlement cuts. eamon javers on capitol hill has the very latest details for us. eamon. >> reporter: hi, bill. that letter does call for the speaker to negotiate, including all options on the table. it is a bipartisan letter. we should be a little bit careful on this because the letter habit actually been sent yet, we're told by congressman mike simpson's office. he's the congressman circulating the letter. he's gathering signatures from other members of congress, as we speak. they expect to send this letter. i've talked to some conservative republicans today here on capitol hill who say their minds are not changed, and that's going to be the group that's most difficult for the speaker to negotiate. nonetheless, the fact there's such
CNBC
Dec 6, 2012 3:00pm EST
breath. but holding up. >> yes, so far. technology one of the few bright spots with apple rebounding after that huge decline we saw yesterday. its worst day in four years. it's got everybody on wall street scratching their heads trying to figure out what the problem is with apple. at any rate, here's where we stands right now. sort of a meandering day for the markets. some economic data out this morning. the market responding to that. then a sideways move after that. the nasdaq benefitting from the rebound in technology yesterday. up 11.5 points on the thatnasda. the s&p is also trading higher. there it is. up 2.5 points on the s&p. >> meanwhile, bullish sentiment at an eight-month high right now. equity allocation is still at the lowest level of the year according to the american association of individual investors survey that was out this weekend. stock in a wait-and-see mode. totally understandable until these fiscal issues are resolved. >> but don't just sit on your hands. there is money to be made if you can find the opportunities. let's find out where they are in today's "closi
CNBC
Dec 7, 2012 3:00pm EST
,003 and change. the nasdaq continues lower. you can blame apple. technology suffering as a result today, down 12 points right now at 2977. the s&p is up 2.25 points at 1416. with less than an hour to go in the trading week, another week without a deal to avoid going over the fiscal cliff. while today's positive jobs report did give markets a boost early on, it wasn't enough to get a significant rally going and to continue it on. so what's it going to take to get some conviction back in this market? >> that's in today's "closing bell" exchange. gentlemen, great to have you joining us here on "closing bell." i think bill pretty much cede it. what is it going to take to get conviction back in this market? i kind of know the answer, but i want to hear you guys say it. give it a crack, jim. >> clarity. i think some kind of clarity as to what tax rates are going to be in a mere 3 1/2 weeks. so that we can start is making some kind of plan. right now the market's on hold. we're all waiting. >> do we need just a plan, or does it have to be a good plan, jim? >> i think a good plan would obviously be a be
CNBC
Dec 12, 2012 3:00pm EST
with business creation. with investment, with technological advances and so on, and that can account for at least part of the somewhat slower growth. at the same time though what, of course, what monetary policy influences is not potential growth, not the underlying structural growth. that's for many other different kinds of policies affect that. what monetary policy affects primarily is the state of the business cycle, the amount of excess unemployment or the extent of recession in the economy, and there i think we've also perhaps underestimated a bit the recession, but we've been much closer there, and i think, therefore, that we've been able to address that somewhat more effectively with quite accommodative policies. that being said, of course, we have over time, as we have seen disappointment in growth and job creation, we have obviously, as we did in september, have added accommodation, and we've continued to -- we continue to reassess the outlook. i think -- i think it's only fair to say that economic forecasting beyond a few quarters is very, very difficult, and what we basica
CNBC
Dec 10, 2012 3:00pm EST
. jack bogle using computers, technology. i love that. good stuff. you look well, my friend. thank you for joining us. always good to see you. >> always good to be with you guys. thank you. >> take care. jack bogle joining us today from pennsylvania. all right. he's the real deal. if you don't know who jack bogle is, google him. buy his books. great wisdom on investing. >>> the bias seems to be to the upside as we head towards the close. the dow up 23 points right now. >> and after the break we'll be talking burgers. be if you could only eat one burger, one for the rest of your life would it be mcdonald's or burger king or wendy's? forget that. what if you could only own one of those two stocks. which would it be? the battle of the burger companies up next. >>> be sure to check out cnbc's list of 2012 predictions that didn't come true. number seven on that was a double dip recession here in the united states. although widely anticipated by many economists, it didn't happen. at least not this year. what about next year? stay tuned. help you? i heard you guys can ship ground for less tha
CNBC
Dec 11, 2012 3:00pm EST
very well. technology hanging on to their gains. apple is up smartly today with a gain of almost $12, back to $541, and the s&p up as well, but, you , the mood, it's clear again, this is one of those days where wall street is keeping a very close eye on the nuances coming out of washington. >> what nuances there are. the republicans want spending cuts, and then they will, i guess, go along with higher taxes, but the dems say we won't put those on the table. you till us what the spending cuts are. it's tit for tat. at the end of the day, we're not going to get a deal and if we are going to get a deal it will be in the 11th hour, december 30th, december 29th, the end of the year. >> you're a chart wonk like i am. we were watching it yesterday, the two model portfolios that cnbc's research staff put together. one would do well if we go over theically. one would do well if we don't go over the cliff, and to this inter,point one that would do well is the one that would put us over the cliff, until yesterday, and then sudden lit avoid the cliff portfolio reversed course and went higher and
Search Results 0 to 5 of about 6